A type of business loan designed specifically to pruchase machinery and equipment involved in business operations.

EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization. This metric is used to evaluate a company’s profitability and operating performance.

Employer Identification Number (EIN)
This is a nine-digit number assigned to a business by the IRS. It is used to identify tax paying entities and their business tax returns.

Equity
The value of a company’s assets minus its liabilities, also known as net assets or shareholders’ equity.